Solida 2 ApS

CVR number: 39207672
Havnepladsen 1, 4220 Korsør
j@solidaliving.dk
tel: 29795646

Credit rating

Company information

Official name
Solida 2 ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Solida 2 ApS

Solida 2 ApS (CVR number: 39207672) is a company from SLAGELSE. The company recorded a gross profit of 52.7 kDKK in 2023. The operating profit was 40.5 kDKK, while net earnings were 40.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Solida 2 ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit158.59135.7735.00-42.0052.66
EBIT158.59128.1727.00-54.0040.55
Net earnings48.9527.9118.00-54.0040.33
Shareholders equity total98.99126.90145.0091.00131.31
Balance sheet total (assets)2 732.412 764.962 831.002 718.002 769.89
Net debt2 463.962 469.562 408.002 489.002 480.70
Profitability
EBIT-%
ROA6.0 %4.7 %1.0 %-1.9 %1.5 %
ROE65.7 %24.7 %13.2 %-45.8 %36.3 %
ROI6.3 %4.9 %1.0 %-2.0 %1.6 %
Economic value added (EVA)1.50-38.06- 110.46- 182.29-89.79
Solvency
Equity ratio3.6 %4.6 %5.1 %3.3 %4.7 %
Gearing2544.9 %1985.2 %1736.6 %2770.3 %1918.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.30.90.51.0
Current ratio0.61.30.90.51.0
Cash and cash equivalents55.2549.65110.0032.0038.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.50%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.74%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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